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Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

Goodwill consisted of the following:


(in thousands)						Local Media						Scripps Networks						Other						Total

Gross balance as of December 31, 2020						$	1,122,408					$	232,742					$	85,976					$	1,441,126
Accumulated impairment losses						(216,914)						(21,000)						—						(237,914)
Net balance as of December 31, 2020						$	905,494					$	211,742					$	85,976					$	1,203,212

Gross balance as of September 30, 2021						$	1,122,408					$	2,042,816					$	—					$	3,165,224
Accumulated impairment losses						(216,914)						(21,000)						—						(237,914)
Net balance as of September 30, 2021						$	905,494					$	2,021,816					$	—					$	2,927,310

Summary of other finite-lived intangible assets

Other intangible assets consisted of the following:


(in thousands)						As of September 30, 2021						As of December 31, 2020

Amortizable intangible assets:
Carrying amount:
Television affiliation relationships						$	1,060,244					$	616,244
Customer lists and advertiser relationships						217,400						102,900
Other						127,224						104,445
Total carrying amount						1,404,868						823,589
Accumulated amortization:
Television affiliation relationships						(154,503)						(113,950)
Customer lists and advertiser relationships						(70,350)						(53,232)
Other						(29,230)						(37,778)
Total accumulated amortization						(254,083)						(204,960)
Net amortizable intangible assets						1,150,785						618,629
Indefinite-lived intangible assets — FCC licenses						781,015						356,815
Total other intangible assets						$	1,931,800					$	975,444

Schedule of indefinite-lived intangible assets

Other intangible assets consisted of the following:


(in thousands)						As of September 30, 2021						As of December 31, 2020

Amortizable intangible assets:
Carrying amount:
Television affiliation relationships						$	1,060,244					$	616,244
Customer lists and advertiser relationships						217,400						102,900
Other						127,224						104,445
Total carrying amount						1,404,868						823,589
Accumulated amortization:
Television affiliation relationships						(154,503)						(113,950)
Customer lists and advertiser relationships						(70,350)						(53,232)
Other						(29,230)						(37,778)
Total accumulated amortization						(254,083)						(204,960)
Net amortizable intangible assets						1,150,785						618,629
Indefinite-lived intangible assets — FCC licenses						781,015						356,815
Total other intangible assets						$	1,931,800					$	975,444